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The differences between business support managers and new business managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a business support manager and a new business manager. Additionally, a new business manager has an average salary of $93,395, which is higher than the $90,781 average annual salary of a business support manager.
The top three skills for a business support manager include process improvement, project management and business continuity. The most important skills for a new business manager are customer service, business plan, and business development.
| Business Support Manager | New Business Manager | |
| Yearly salary | $90,781 | $93,395 |
| Hourly rate | $43.64 | $44.90 |
| Growth rate | 6% | 6% |
| Number of jobs | 349,032 | 282,416 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A business support manager is responsible for monitoring the company's daily operations, ensuring the efficiency of the staff's performance to provide the highest quality services for the clients and customers. Business support managers coordinate with the company's business partners and inform them of any updates on business growth and development, including the techniques that the company takes to lead the market's competitiveness. They also identify business opportunities according to industry trends and data analysis that would generate more revenue resources for the business and increase profits.
A new business manager is responsible for reaching out to existing and potential clients and identify new business opportunities that would generate more revenue resources for the company and increase profitability. Business managers supervise client portfolios and ensure long business relationships by maintaining the highest client satisfaction and efficient deliverables. They also analyze the financial status and sales performance of the company and determine techniques to minimize loss and increase productivity. A new business manager studies recent market trends to develop services that meet public demands and interests.
Business support managers and new business managers have different pay scales, as shown below.
| Business Support Manager | New Business Manager | |
| Average salary | $90,781 | $93,395 |
| Salary range | Between $59,000 And $138,000 | Between $55,000 And $158,000 |
| Highest paying City | Jersey City, NJ | New Rochelle, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | Apple | |
| Best paying industry | Finance | Energy |
There are a few differences between a business support manager and a new business manager in terms of educational background:
| Business Support Manager | New Business Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between business support managers' and new business managers' demographics:
| Business Support Manager | New Business Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 48.2% Female, 51.8% | Male, 60.1% Female, 39.9% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 6.3% White, 67.9% American Indian and Alaska Native, 0.5% | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.3% Asian, 6.4% White, 67.3% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |